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That helped free up coal supplies for other buyers in 2022, most notably across Europe where power producers were hampered by cuts to natural gas supplies from Russia and were forced to find alternative sources of power from international markets.īut China's appetite for coal has come roaring back in the opening months of 2023 thanks to Beijing's measures to revive economic growth, with thermal coal imports over the first four months jumping by 90% from the same period in 2022.Ĭhina, India, The Philippines & Vietnam accounted for over 50% of global thermal coal imports in Jan-April 2023
In 2022, when China's economy was hamstrung by repeated and extended lockdowns to slow the spread of COVID-19, China's coal imports underwent a rare contraction from the year before as industrial demand for the fuel waned. CHINA'S PULLĬhina is the overwhelming coal market giant, topping global rankings for coal output, use and imports by a large margin. Yet this consolidated coal dependence also makes it possible to spot any impending trend reversals in coal use as these key economies integrate more renewable power into energy systems, with important implications for global emissions trajectories. The concentration of coal imports and coal-fired emissions among only four nations makes it relatively easy for pollution trackers to identify major climate culprits, and monitor their collective polluting heft relative to the rest of the world. China, India, The Philippines & Vietnam account for over 70% of global CO2 emissions from coal power
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